After years of bad management policies and even worse marketing strategies that gave Americans a sense of pride when buying gas guzzling and eco-harmful vehicles. GM killed the electric car a decade ago and that was just the tip of the iceberg that became abusive practices and even worse environmental disasters. Now that push comes to shove, the American Auto manufacturers want a bail out from the American people. Their most immediate problem is that they have no access to credit, even after we already bailed out the banks!?!?! The irony is priceless, yet I’m not a big fan of taxes more than anyone else so I can’t help feel a little peeved at the whole situation.
I honestly feel the best the that can happen is to let the companies fail and declare bankruptcy, they will be allowed to restructure under the chapter 11 tax code allowing new management and consequently new life to filter back into the American auto industry. Take careful note that while foreign auto manufacturers employ just as many US workers as American auto manufacturers, they are not in line for bailouts! In fact,
The point can not be emphasized enough! We need to change our practices & habits!
In talking to my own parents, they agree with me 100% and have done everything they possibly can to reduce their own economic/ energy footprint. Why they hell hasn’t everyone else!! My parents in-law, who I love dearly and respect adamantly, tried to tell me people are to stupid to make such environmentally wise decisions and that we will never change our habits. There verdict was clear, they honestly thought we would continue down the same road as we always have; going to war with other countries for access to oil (Russia is off the coast of Venezuela as they pointed out), polluting our environment leading to global warming (Ironically they were the ones who convinced me to buy Planet Earth & An Inconvenient Truth), and letting consumers fall into big ticket spending traps (affluenza fueled items such as huge SUVs & energy bills which led us into this crisis situation in the first place).
My father in-law and mother in-law told me to “get my head right” which I took to mean “you have to accept that we are doomed.” For the sake of their own children and grandchildren’s, I hope they will change their minds. Each and every person makes a difference in this battle, which means they need to take action too!! And believing in that change and action, passing along the energy and enthusiasm to others is the only way we are going to win this!! By not believing in a better future, they are only fueling the problem and creating a self-fulfilling prophecy. I respect my in-laws very much and admire them for many of the things they have done in their lives, but in this I have to draw a line. It’s a topic we may have to agree to disagree on, but I am unwilling to forgive bad management practices, poor union policies, and horrible ecological planning on the part of the auto industry.
Let the
I fully understand that workers will lose their jobs and
Want to guess how many American dealers are in the average city and in big dealers? The auto industry has a variety of assets, including dealers they could close in order to live within their means. Take example from governor Arnold Schwarzenegger who, even though declared
Practical Solutions to the Auto Industry
Why Letting the Auto Industry Fail Would Be Better In the Long Term
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